Hanover Insurance Group: Pay

Hanover Insurance Group paid its 5 named executives $23.9M in total in FY2025 (Dec). CEO John C. Roche was paid $10.5M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

John C. RochePresident and CEO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Jeffrey M. FarberEVP and CFO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Richard W. LaveyEVP and COO
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Bryan J. SalvatoreEVP and President, Specialty
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
Dennis F. KerriganEVP, CLO and Corporate Secretary
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years

CEO pay against the pay peers

In FY2024 (Dec), the median CEO pay of the 5 peers with pay on file was $8.8M. The CEO of Hanover Insurance Group was paid $9.6M, 9% above the median.

  1. 1Hartford Insurance Group
  2. 2KEMPER
  3. 3Hanover Insurance Group
  4. 4Cincinnati Financial
  5. 5Axis Capital Holdings
  6. 6Selective Insurance Group
  7. 7American Financial GroupNot disclosed
  8. 8CNA Financial CorporationNot disclosed
  9. 9Markel GroupNot disclosed
  10. 10Mercury General CorporationNot disclosed
  11. 11Old Republic International CorporationNot disclosed
  12. 12W.R. Berkley CorporationNot disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.